Exness is a multi-entity forex and CFD broker founded in 2008. Its main draw is cost: spreads from 0.0 pips on Raw and Zero, up to $3.50 per side per lot on Raw, from $0.02 per side on Zero, and no deposit or withdrawal fees. Trustpilot 4.7 from 32,538 reviews, checked 25 September 2026. The entity that operates the website for most of the world is Vanvest Limited, regulated by the Financial Services Commission of Vanuatu under registration 700276; the group also holds FCA, CySEC, FSCA, FSC Mauritius and FSA Seychelles licences, but the FCA and CySEC arms do not onboard retail clients and the operating entity does not serve residents of the USA, Canada, Europe or the UK. Unlimited leverage applies only below $5,000 equity, after 10 closed orders totalling 5 lots, and only on majors, minors, gold and silver.
4.7★ on Trustpilot
Spreads from 0.0 pips
1:Unlimited under $5k equity
Standard, Pro, Raw & Zero
Exness at a Glance — Broker Profile & Stats
Company snapshot
Founded
2008 · operating 17+ years
HQ
Limassol, Cyprus (multi-entity group)
Regulation
FCA · CySEC · FSCA · FSC Mauritius · FSA Seychelles
Withdrawals
Instant, 24/7 · no deposit or withdrawal fees
Platforms
MT4 · MT5 · Exness Terminal · Exness App
Trustpilot
4.7★ from 32,538 reviews read 25 Sep 2026
Key Features Breakdown
What stands out
Unlimited Leverage — conditional
Only while account equity stays under 5,000 USD, and only after you have closed at least 10 orders totalling 5 lots or more. It covers forex majors and minors, a few named exotics, gold and silver only — indices, stocks, crypto and energies are excluded. Above 5,000 USD equity the cap steps down to 1:2000, then 1:1000 above 30,000 USD and 1:500 above 100,000 USD. Exness warns that Stop Out Protection may not apply on an unlimited-leverage account.
Instant Withdrawals
Automatic 24/7 withdrawal processing.
Zero-Pip Spreads
Zero account: 0 pips ~95% of the time on top instruments.
No Funding Fees
No fees on deposits or withdrawals from Exness's side.
Stop-Out Protection
Tools to help keep positions open longer.
Multi-Asset
FX, metals, crypto, energies, indices & stocks.
Top Exness Alternatives
Compare before you commit
Pepperstone
Razor accounts, FCA/ASIC — Pepperstone review. Chasing 1:1000 leverage instead? See our Doo Prime review.
IUX
Raw spreads from 0.0, high leverage — IUX review.
Errante
CySEC & FSA multi-asset — Errante review.
ForexMart
CySEC-regulated, low min deposit — ForexMart review.
easyMarkets
Fixed spreads with guaranteed stop-loss — easyMarkets review.
eToro
Social and copy trading, plus real stocks — eToro review.
Account Types & Spreads
Choose your account
Standard
Spreads from 0.2 pips · no commission · Exness publishes no fixed minimum deposit
Standard Cent
Spreads from 0.3 pips · no commission · micro lots for beginners · no fixed minimum published
Pro
Spreads from 0.1 pips · no commission · from 200 USD, region-dependent
Raw Spread
Spreads from 0.0 pips · up to 3.50 USD per side per lot · from 200 USD, region-dependent
Zero
Spreads from 0.0 pips · from 0.02 USD per side per lot · from 200 USD, region-dependent
Trading Costs & Fees
What you'll pay
Spreads
From 0.0 pips (Raw/Zero) · from 0.2 pips (Standard)
Commission
Up to 3.50 USD per side per lot on Raw Spread, from 0.02 USD per side per lot on Zero; none on Standard/Pro
Funding
No deposit or withdrawal fees from Exness
Swaps
Swap-free options available in eligible regions
Why it matters: Standard's all-in spread suits casual traders; Raw/Zero + commission is usually cheaper for scalpers and high-volume trading — compare total cost per lot.
Regulation & Restricted Countries
Safety & eligibility
Who actually holds your account
For most of the world it is Vanvest Limited, regulated by the Financial Services Commission of Vanuatu, registration 700276, Port Vila. Exness’s own footer states that this entity operates the website and is licensed to use the Exness brand. Checked 25 Sep 2026.
The other licences
The group also holds FCA (UK), CySEC (EU), FSCA (South Africa), FSC Mauritius and FSA Seychelles licences. The FCA and CySEC arms do not onboard retail clients, so for most readers those two are branding rather than protection.
Not served
The operating entity states it does not serve residents of the USA, Canada, Iran, North Korea, Europe, the United Kingdom and others. Europe and the UK being on that list surprises people, given the FCA and CySEC badges.
What that means for you
A Vanuatu licence carries no compensation scheme and no leverage cap, which is exactly why the unlimited-leverage account exists. Check the footer of the Exness page you land on: it names the entity you will actually contract with.
Video Guides & Reviews
Pros and Cons of Exness
- a choice of account types that split cost differently between spread and commission, so you can match the pricing to how you trade;
- spreads from 0.0 pips on Raw and Zero against roughly 0.9 pips on Standard;
- a $10 minimum on Standard and Standard Cent;
- instant 24/7 withdrawals with no deposit or withdrawal fees from Exness;
- MT4, MT5, the Exness Terminal and the mobile app;
- and licences held across the FCA, CySEC, FSCA, FSC Mauritius and FSA Seychelles.
- this is a multi-entity group, and the entity that onboards you sets both your leverage cap and the protection behind your balance.
- For most of the world that entity is Vanvest Limited, regulated by the Financial Services Commission of Vanuatu under registration 700276 — Exness’s own footer states that Vanvest operates the website.
- A Vanuatu licence carries no compensation scheme, which is precisely why the unlimited-leverage account can exist there and not under the FCA.
- The operating entity states it does not serve residents of the USA, Canada, Iran, North Korea, Europe or the United Kingdom, among others — so two of the five regulators in the badge row are jurisdictions you almost certainly cannot open an account in.
- CFDs are leveraged: a high percentage of retail accounts lose money, so the all-in cost of a round-turn trade at your own volume matters more than any headline figure.
Read Alternative Tools : IQOption Review | Forex4you Review | Libertex Review | FBS Review
High-leverage traders can also compare our Weltrade, OnEquity and TriumphFX reviews.
What is the Pricing of Exness?
Exness charges for trading in two different ways, and which one is cheaper depends entirely on how you trade. Standard Cent, Standard and Pro carry no commission at all, so the whole cost sits in the spread. Raw Spread and Zero invert that: spreads from 0.0 pips, with a commission charged instead.
| Account | Spread from | Commission | Minimum deposit | Suits |
|---|---|---|---|---|
| Standard Cent | 0.3 pips | None | Not published as a fixed figure | Beginners trading micro lots |
| Standard | 0.2 pips | None | Not published as a fixed figure | Casual and lower-volume traders |
| Pro | 0.1 pips | None | From 200 USD, region-dependent | Commission-free instant execution |
| Raw Spread | 0.0 pips | Up to 3.50 USD per side per lot | From 200 USD, region-dependent | Scalping and high volume |
| Zero | 0.0 pips | From 0.02 USD per side per lot | From 200 USD, region-dependent | Zero spread on the top 30 instruments |
On the minimum deposit: Exness does not publish a fixed minimum deposit for Standard or Standard Cent. Its own account comparison table records the minimum as No, while the individual account pages say a minimum applies and varies by payment method and region. Raw Spread, Zero and Pro all start from 200 USD depending on region. The 1 USD and 10 USD figures quoted widely elsewhere do not appear anywhere on Exness own pages. Checked 17 September 2026.
Neither pricing model is automatically the cheaper one, so compare the total cost per lot at your own volume rather than headline spreads. Note how far apart the two commission accounts sit: Raw Spread is published as a ceiling of up to 3.50 USD per side per lot, while Zero is published as from 0.02 USD per side per lot. Exness itself charges no deposit or withdrawal fees, though your own payment provider still might.
Comparing Exness vs Pepperstone
Comparing exness vs pepperstone highlights two strong platforms. Exness Broker is often preferred for instant withdrawals, flexible Exness Leverage, and innovative tools, while Pepperstone is recognized for its low spreads and execution speed. Exness reviews consistently place it higher due to its strong combination of transparency, affordability, and customer satisfaction. In exness comparison discussions, Exness often emerges as more suitable for traders seeking innovation and user-friendly services.
Why Choose Exness? What Stands Out — and What to Watch
★ Trustpilot 4.7/5 from 32,538
Spreads from 0.0 · up to 1:unlimited under $5k equity
Exness
Conditional high leverage · Instant withdrawals
★ 4.7 / 5 · 32,538 reviews read 25 Sep 2026
FX · Metals · Crypto · Indices
NO FIXED MINIMUM DEPOSIT PUBLISHED — instant withdrawals
Try Exness →Frequently Asked Questions
Exness does not publish a fixed minimum deposit for its Standard and Standard Cent accounts. Its own account comparison table records the minimum as No, while the individual account pages say a minimum applies and varies by payment method and region. Raw Spread, Zero and Pro all start from 200 USD depending on region. The 1 USD and 10 USD figures widely quoted elsewhere appear nowhere on Exness own pages.
Five. Standard Cent from 0.3 pips and Standard from 0.2 pips carry no commission. Pro is from 0.1 pips and also commission free. Raw Spread and Zero both start at 0.0 pips and charge commission instead: up to 3.50 USD per side per lot on Raw Spread, and from 0.02 USD per side per lot on Zero.
Spreads start at 0.0 pips on Raw Spread and Zero, 0.1 on Pro, 0.2 on Standard and 0.3 on Standard Cent. Only the two zero-spread accounts charge commission. Note that the Raw Spread figure is published as up to 3.50 USD per side per lot, which is a ceiling rather than a flat rate, and Exness does not publish the per-instrument schedule behind it.
Exness advertises instant withdrawals and defines the word on the same page: instant means the transaction is processed automatically without manual intervention. It does not mean the money arrives instantly. Exness says over 98 per cent of withdrawals are processed automatically, that anything not instant is processed within 24 hours, and that actual arrival depends on your payment method. Per-method processing times are shown only inside your Personal Area.
No. Exness states plainly that it does not charge any fees for inactive accounts or to reactivate archived accounts. Instead of charging, it archives dormant accounts, and says a real trading account may be archived after three days of inactivity. Archiving is free and reversible.
Exness publishes eleven legal entities. Two of them are the ones people quote: Exness UK Ltd, authorised by the FCA under firm reference 730729, and Exness Cy Ltd, authorised by CySEC under licence 178/12. Exness states on the same page that neither of those two entities offers trading services to retail clients. The entities that do take retail clients are regulated in Seychelles, Curacao, the British Virgin Islands, Belize, Mauritius, Kenya, Jordan and South Africa.
For most countries, Exness does not say. The only country it maps explicitly is Kenya, which is served by Exness KE Limited under CMA licence 162. South Africa and Jordan can be inferred from the entity names. For India, Indonesia, Vietnam, Thailand, Pakistan, Bangladesh, the UAE, Nigeria, Ethiopia and Japan, Exness publishes no entity mapping at all. This matters more than it sounds: the entity determines your leverage, your regulator, your complaints route and whether any compensation scheme applies. We found no published investor compensation cover for any Exness retail client.
It is conditional and it is a small-account feature. Your equity must be below 5,000 USD, and you must have closed at least 10 orders totalling at least 5 lots. It applies only to forex majors and minors, a few named exotics, and gold and silver. Indices, stocks, crypto and energies are excluded. Above 5,000 USD equity the cap steps down to 1:2000, then 1:1000 above 30,000 USD, then 1:500 above 100,000 USD. Clients of the Kenyan entity are capped at 1:400. Exness also warns that Stop Out Protection may not be available on accounts set to unlimited leverage.
No. Exness states that its entities do not offer services to residents of a list of jurisdictions including the USA, Canada, Iran, North Korea, Europe, the United Kingdom, Russia and Belarus.
There are two schemes. Islamic swap-free is assigned automatically based on your country of registration, across 33 named countries including Indonesia, Pakistan, Bangladesh and the United Arab Emirates, and applies zero swap to all instruments. India, Vietnam, Thailand, Nigeria, South Africa and Japan are not on that list. A separate non-Islamic swap-free status can apply to any account type but covers a restricted instrument set, and Exness says it can be withdrawn from traders who regularly hold large positions overnight.
Both start at 0.0 pips and both charge commission, but the commission differs by a wide margin. Raw Spread is published as up to 3.50 USD per side per lot. Zero is published as from 0.02 USD per side per lot. Zero also carries Exness own claim of zero spread on the top 30 traded instruments during 95 per cent of the day, and 50 per cent of the day for everything else. Exness publishes no date, sample period or methodology behind that figure.
MetaTrader 4 and MetaTrader 5 on desktop, the Exness Terminal and the MetaTrader WebTerminal in a browser, and the Exness Trade app alongside the MT4 and MT5 mobile apps.
Treat this as unconfirmed. Exness has published no statement about India. Third-party trade press reported in July 2025 that Indian visitors were being shown a message saying registrations in their region are unavailable, while existing clients could keep trading. Exness does offer INR as an account base currency. If you are in India, check whether registration is open before relying on anything here.
Register for an Exness Personal Area, then create a demo account inside it. A demo account can be set to unlimited leverage, but only while its equity stays at or below 4,999.99 USD. Above that, the leverage restricts automatically, the same way it does on a real account.